Northbridge Executive Park, two office buildings on about three acres at 1176 and 1180 Sam Rittenberg Blvd. at the entrance to West Ashley, sold for $14.5 million including an adjacent parking lot, closing Sept. 16 per Charleston County records. The buyer is an LLC registered to David Maybank of Maybank Properties, and the seller paid $5.4 million for the property in 2019.
Why this matters here
A near tripling in value over seven years on Sam Rittenberg tells West Ashley tenants where lease rates are likely heading. If your renewal is coming up in the next year, start that conversation early.
First reported by postandcourier.com.
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